Report ID : 1310355 | Published : February 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the Dichloroethane Oxychlorination Industry is categorized based on Process Type (Direct Oxychlorination, Indirect Oxychlorination) and Application (Vinyl Chloride Monomer (VCM), Solvents, Intermediates, Others) and End-User Industry (Chemical Industry, Pharmaceuticals, Agriculture, Others) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
In 2023, the size of the Dichloroethane Oxychlorination Industry was valued at USD 1.2 billion and is anticipated to reach USD 2.5 billion by 2033, expanding at a 7.5% CAGR between 2024 and 2033. The report encompasses multiple segments and provides an analysis of significant trends and factors impacting the market.
The market for Dichloroethane Oxychlorination is a growing segment in chemical industry because of the increasing demand of DCE as an important intermediate in the synthesis of various chemicals. The process of Oxychlorination, which is utilized for the production of DCE, is gaining popularity because of the combined use of ethylene, chlorine and water as feedstock since it is more efficient and environmentally friendly than other processes. There is a distinguishing feature of the oxychlorination process which has enabled industries to be more eco-friendly while simultaneously addressing the increasing demand of DCE in the pharmaceuticals, agrochemical, and solvent industries as well as in many other fields.
The last few years have been particularly important for this industry and they mark a period of tremendous growth due to the advancement in technology and improved understanding of their production methods. Firms have begun to concentrate on improving their processes in order to produce more with less, which has increased competition in the market. In addition the growing concern for the environment coupled with more stringent regulations have increased interest in the oxychlorination process which will be one of the major opportunities for market growth in the next few years. While diving into the intricacies of the Dichloroethane Oxychlorination Market, it is important to consider the factors which will influence its growth such as opportunities and threats along with obstacles and enablers.
ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2023-2033 |
BASE YEAR | 2023 |
FORECAST PERIOD | 2024-2033 |
HISTORICAL PERIOD | 2023-2024 |
UNIT | VALUE (USD BILLION) |
KEY COMPANIES PROFILED | Occidental Petroleum Corporation, Shin-Etsu Chemical Co. Ltd., AkzoNobel N.V., Eastman Chemical Company, Solvay S.A., Huntsman Corporation, Wacker Chemie AG, Lanxess AG, BASF SE, Reliance Industries Limited, China National Chemical Corporation |
SEGMENTS COVERED |
By Process Type - Direct Oxychlorination, Indirect Oxychlorination By Application - Vinyl Chloride Monomer (VCM), Solvents, Intermediates, Others By End-User Industry - Chemical Industry, Pharmaceuticals, Agriculture, Others By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
The Dichloroethane Oxychlorination Industry is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.
This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.
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